Tax & Accounting Blog

Q&A: Jeff Law, Executive Director & Chief Appraiser for Tarrant Appraisal District

Q&A: Jeff Law, Executive Director & Chief Appraiser for Tarrant Appraisal District

Fort Worth has always been home to rugged individualists with a pioneering spirit. Established in the mid-19th century as an Army outpost along the Trinity River, it stockyards became a welcome stop for rough and rowdy cowboys driving cattle along the Chisholm Trail and earning a section of the city a distinctive nickname: “Hell’s Half … Read More

BEPS and the Allocation of Taxing Rights

BEPS and the Allocation of Taxing Rights

Author: David Spencer, an attorney in New York City, is a member of the Board of Advisors of the Journal of International Taxation and a frequent contributor. Recently, the Journal of International Taxation published a three-part article that deals with the allocation of taxing rights between jurisdictions.  This is a major international tax issue.  The OECD/G20 … Read More

OECD Releases Additional Guidance on Country-by-Country Reporting

OECD Releases Additional Guidance on Country-by-Country Reporting

On September 6, 2017, the OECD’s Inclusive Framework on BEPS released two sets of guidance for tax administrations and MNE groups regarding the implementation and operation of country-by-country (CbC) reporting. See BEPS Action 13. Existing guidance on the implementation of CbC reporting has been updated to address the following issues: Definition of … Read More

EFTPS email system is live

EFTPS email system is live

In 2012, the IRS initiated Rev. Proc. 2012-32. This ruling made it mandatory for all payroll service providers (PSP) to inform their clients — initially upon contract and at least every quarter — that they are filing returns and/or paying taxes on behalf of the clients. The PSP were supposed to encourage their clients to … Read More